‘Doing Well While Doing Good’

My best investment during 2008 was an investment in the futures market.  It was executed by an excellent trader who has had great returns in up and down markets.  His trade execution on the S&P futures and Dow futures combined with my money management approach resulted in a great year. 

The funds that were invested on March 7, 2008 gained 205.6% by December 31, 2008.  They didn’t just double in value, but they more than tripled in value.  In 9 months. 

This program more than doubled during the last 3 months of 2008.

And, the accounts are up another 7.5%, thru the end of March, 2009.

This investment coupled with my desire to generate funds for supporting orphans has resulted in a program called:                                                ‘Pgm D or Doing Well While Doing Good’

The uniqueness of this program centers on giving 20% of the profits to charity, for every $10,000 earned.  I have also set it up so that if an account doubles in one year, then one-third of the total gain is given to charity at the end of the 12th month of investing.  For example: if an account is opened with $30,000, and it is $60,000 by the end of the 12th month, a total of one-third of the $30,000 gain ($10,000) is due to charity; the maximum donation subtracted from the account is 33 1/3% of the gain per year.

By creating a limited liability company (LLC) with each investor, that investor will have complete transparency and my company (Futures – FX LLC) will perform all bookkeeping duties and money management for them.  Each investor will invest 99% of the member interests and my company will invest 1%.  And, each investor will receive an income tax deduction via the annual K1 from the LLC showing the amount donated to charity.  Anyone enrolling in this program understands and agrees that 100% of the charitable donation goes to support orphans via Horizons Foundation.  See www.HorizonsFoundation.com.  Horizons Foundation, in turn, will agree to send 100% of donations received on to orphanages it supports.

The futures trading company now in use requires a minimum account of $15,000 per contract to be traded.  Plus, a minimum of $1150 in start up fees is required.   Accounts of $30,000 or larger may be opened in increments of $15,000.  If an IRA account or other qualified funds account is opened, there is an additional $500 deposit required with the custodian and $75 quarterly fees for the custodian.

While this has been my best investment during the past year, one must only use risk capital because it’s a  futures account.  Risk capital is money that can be lost without jeopardizing ones financial security or life style.  An investor could possibly lose more than their original investment.

 Every trade that is placed also has a stop loss placed in the market. 

From the beginning, I said, “I’m from the Show-Me state and this program has to ‘Show Me The Money’.” 

Well it has. 

Tripling an account in 2008 was no mean feat.

I am looking forward to a prosperous 2009.  And, I would like to invite you to join me in this endeavor. 

Together we can knock the ball out of the park!                                                                        Al Lockhart